Army Awards Raytheon $5B Coyote Missile System Contract
The Army has awarded Raytheon a $5 billion contract for the Coyote Missile System.
The contract will cover launchers, kinetic and non-kinetic interceptors, and Ku-band radio frequency system radars, according to a Pentagon contract announcement.
The cost-plus-fixed-fee contract has a completion date of Sept. 28, 2033, with work locations and funding to be determined with each order.
The announcement was made one day before the end of fiscal year 2025.
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Author's summary: Army awards Raytheon $5B contract.
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